STOCKS RISE: Here's what you need to know

A
leopard climbs a tree in Maasai Mara National Reserve, Kenya
September 17, 2016.Goran
Tomasevic/Reuters

Stocks opened higher on Friday, and then picked up
greater speed after
AFP reported that Deutsche Bank is near a $5.4 billion
settlement with the US government over mortgage-backed securities
— far smaller than the initial Department of Justice fine.

Ultimately, all major indices finished in the green.

The troubled German lender has been investors' biggest worry
after earlier reports that the bank would be slapped with a
$14 billion fine over an investigation into the sale
of bad derivative products from the financial crisis.

Chicago PMI rose more than expected. The Institute of
Supply Management and MNI Indicators reported that their
purchasing manager's index came in at 54.2, up from 51.5
in August, and above analysts'
forecasts of 52.

UMich consumer sentiment picked up in September.
However, "confidence edged upward in September due
to gains among higher income households, while the Sentiment
Index among households with incomes under $75,000 has remained
at exactly the same level for the third consecutive
month," Richard Curtin, the Surveys of Consumers
chief economist, wrote in the report.

Canada's GDP beat. Its economy grew by 0.5%
month-over-month in July, above economists' expectations of
0.3%. The loonie ticked up in the aftermath.